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Erica Groshen, the just-departed commissioner of the Bureau of Labor Statistics, writes in the WSJ, “Sources tell me that when Congress draws up the BLS’s next budget, lawmakers plan to underfund the agency substantially.” Which would be bad. The BLS — 2016 budget, $609 million — already needs better funding commensurate with its critical mission.
President Trump has eased off China’s supposed currency manipulation, but he’s still pretty hot about NAFTA. When launching a probe yesterday into cheap Chinese steel — Beijing is hardly off the hook with the POTUS — he had this to say about that trade deal: “The fact is, NAFTA, whether it’s Mexico or Canada, is a disaster for our country.”
According to the WSJ, Treasury Secretary Steven Mnuchin said yesterday that while the administration will “very soon” release a plan, it will dramatically overhaul both personal and business taxes. It’s hard not to see Mnuchin’s comments as rebuttal. Oh, and Mnuchin added that the plan “will pay for itself” by boosting economic growth.
18 spectacularly wrong predictions made around the time of first Earth Day in 1970, expect more this year
In the May 2000 issue of Reason Magazine, award-winning science correspondent Ronald Bailey wrote an excellent article titled “Earth Day, Then and Now” to provide some historical perspective on the 30th anniversary of Earth Day. In that article, Bailey noted that around the time of the first Earth Day in the 1970, and in the […]
Sure, Donald Trump mused about returning to the gold standard during the campaign. But as president, he’s really more of a steel bug than a gold bug. “American steel” to be specific. To Trump, the decline in steel production and steel worker’s jobs are emblematic of lost American greatness. And when Big Steel is back, so will be America.
Women remain both less likely to be in the labor force and less likely to work at least half the year than their male counterparts. And while it is well known that women have higher poverty rates compared to men, even among those who work at least half the year, women are more likely to be in poverty.
On Earth Day, we can celebrate being one of the only countries to reduce CO2 emissions – thanks to fracking
According to data released recently by the Energy Information Administration (EIA), CO2 emissions from America’s electric power sector have dropped by more than 25% since 2007, reversing a multi-decade increase, and they fell last year to a 28-year low, dropping to the lowest level since 1988 (see chart above). What accounts for that historically unprecedented […]
In early observance of Earth Day 2017, some brilliant wit and wisdom from George Carlin on ‘saving the planet’
Green trigger warning: This blog post may be upsetting to those who consider Earth Day to be a green holy day of obligation in their religions of ecology or their churches of sustainability. Earth Day is coming up this Saturday (April 22) and it’s the 47th anniversary this year of the “Green Holy Day” that […]